National Pension Service Has $4.30 Million Position in Jacobs Solutions Inc. $J

National Pension Service increased its position in Jacobs Solutions Inc. (NYSE:J) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,432 shares of the company’s stock after buying an additional 7,954 shares during the period. National Pension Service’s holdings in Jacobs Solutions were worth $4,296,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Empowered Funds LLC grew its holdings in Jacobs Solutions by 92.3% during the first quarter. Empowered Funds LLC now owns 6,720 shares of the company’s stock valued at $812,000 after purchasing an additional 3,226 shares during the last quarter. Woodline Partners LP grew its holdings in Jacobs Solutions by 38.7% during the first quarter. Woodline Partners LP now owns 10,353 shares of the company’s stock valued at $1,252,000 after purchasing an additional 2,891 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Jacobs Solutions during the second quarter valued at approximately $321,000. Baird Financial Group Inc. grew its holdings in Jacobs Solutions by 1.7% during the second quarter. Baird Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $1,975,000 after purchasing an additional 248 shares during the last quarter. Finally, AXA S.A. grew its holdings in Jacobs Solutions by 14.9% during the second quarter. AXA S.A. now owns 19,670 shares of the company’s stock valued at $2,586,000 after purchasing an additional 2,556 shares during the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on J. Royal Bank Of Canada reiterated an “outperform” rating and set a $169.00 price target on shares of Jacobs Solutions in a report on Tuesday, May 19th. Citigroup increased their price target on Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Zacks Research upgraded Jacobs Solutions from a “strong sell” rating to a “hold” rating in a report on Thursday, February 5th. KeyCorp lowered their price target on Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Weiss Ratings downgraded Jacobs Solutions from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Jacobs Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $153.40.

Insider Buying and Selling

In other news, Director Manuel J. Fernandez bought 403 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average cost of $121.93 per share, with a total value of $49,137.79. Following the completion of the transaction, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert V. Pragada bought 3,601 shares of Jacobs Solutions stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the transaction, the chief executive officer owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This trade represents a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 4,257 shares of company stock valued at $477,651 over the last ninety days. 0.48% of the stock is owned by company insiders.

Jacobs Solutions Stock Up 2.6%

J opened at $122.96 on Tuesday. Jacobs Solutions Inc. has a 1-year low of $105.68 and a 1-year high of $168.44. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The stock has a market capitalization of $14.52 billion, a price-to-earnings ratio of 38.19, a P/E/G ratio of 1.16 and a beta of 0.73. The business has a 50 day moving average of $123.35 and a 200-day moving average of $132.39.

Jacobs Solutions (NYSE:J) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the business earned $1.43 earnings per share. Jacobs Solutions’s revenue for the quarter was up 8.9% compared to the same quarter last year. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. As a group, sell-side analysts anticipate that Jacobs Solutions Inc. will post 7.22 earnings per share for the current year.

Jacobs Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, May 22nd will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, May 22nd. Jacobs Solutions’s dividend payout ratio is currently 44.72%.

About Jacobs Solutions

Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.